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Question about Historical Foundations
Until the twelfth century, Latin was the language used among the educated and within literature. Research and report on the origins of vernacular language, and its spread. Assess and evaluate the impacts the spread of vernacular languages on cultures during this period.
Elucidate the one thing, regarding the role of the government that separates classical economic theories and Keynesian economic theory.
Elucidate how an increase in your nominal income and a decrease in your real income might occur simultaneously.
Illustrate what would be the impact on labor and capital markets of such a shift in tax policy. What is the likely differential incidence of substituting a payroll tax for an equal-yield corporate income tax.
Compute the path of the economy, that is , calculate real GDP, the price level, the inflation rate and real money stock for each year until GDP I swithin 1% of the potential. (limit calculated values to 10 decimals points)
Assume a 2 sector economy (where the two sectors are consumption and investment) where C= $100+ 0.9 Y and I=$50
Elucidate why a decrease in aggregate demand results in a lower level of employment, given a fixed aggregate supply.
Elucidate what was the actual price elasticity before the cartel was formed.
Illustrate what is the discount rate in the banking system and explain how the Fed manipulates this rate in order to achieve macroeconomic objectives.
Illustrate what happens to the money supply, interest rates, and the economy in general if the Federal Reserve is a NET BUYER of government bonds.
Illustrate what marketing, pricing, distribution or other competitive advantages can firms exploit. What limits or constraints are on these firms.
Required help using economic theory and applying to real world situations and current events.
Describe the spot and 12-month forward exchange rates and determine any change in the ROS repatriated in 12 months based on exchange rates versus the current forecast.
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